Federal money

Have you ever noticed that when local governments are funding projects, you often hear that much of the money is  from the federal government?   It seems to imply that because the money is coming from Washington, it’s not costing state, city or county taxpayers.  Truth to tell, the money is coming from all of us who pay federal taxes.   So while local politicians may imply that it’s “free” money from Washington, it’s not.  Generations to come will be paying the interest.

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One Response to “Federal money”

  1. Ned Puddleman Says:

    There are often many strings attached with that “free” federal money too.

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